While terrorism still tops the list of global concerns for risk managers of multinational organizations, other pressing worries--including natural disasters, an aging workforce, workers' compensation across U.S. borders and the lack of timely guidance advice from brokers--vie for their attention.
"Global security is an obvious concern for business--particularly for U.S. companies operating abroad," said Bradley Wood, senior vice president of risk management with Marriott International Inc. in Bethesda, Md.
Although he declined to go into detail about specific strategies used to combat terrorism, Mr. Wood said his company employs a "turn the back porch light on" approach. "Our objective is to be the hardest target among softer targets so the bad guys go elsewhere," he said.
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